Prepare the journal entries to record the following sales transactions in Pronghorn Corp's books. Pronghorn uses a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Jan. 2 Pronghorn sold $41.000 of goods to Xtra Inc., terms n/45. FOB destination. The cost of the goods sold was $22.960. Pronghorn expected a return rate of 15%. 5 The appropriate company paid freight costs of $820. 6 Xtra returned $5,300 of the merchandise purchased from Pronghorn on January 2, because it was not needed. The cost of the merchandise returned was $2,968, and it was restored to inventory. 11 Pronghorn received the balance due from Xtra. Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Jan. 21 2 (To record credit sale) (To rocord cost of goods sold) Debit Credit (To record return of goods) 11 (To record cost of goods returned)